A) For a loan of $160,000 at 7% annual interest, monthly payments, for 30 years, how much total interest will be paid over the life of the loan?

Group of answer choices

$279,785.00

$81,002.00

$223,214.00

$265,778.00

B) For a loan of $250,000 at 6% annual interest, with monthly payments over 15 years, if you pay an additional $100 in principle per month, how much total interest will you pay over the life of the loan?

Group of answer choices

$218,090.00

$119,501.00

$129,735.00

$379,735.00

C) If you pay an extra $75 per month in principle, how much LESS interest will you pay over the life of the following loan: Loan amount--$180,000; 30 years (monthly PMT); 7% annual rate of interest?

Group of answer choices

$49,629.00

$201,486.00

$35,670.00

$251,116.00